Country Garden Services Holdings Co (HKSE:06098) Accounts Payable & Accrued Expense : HK$18,641 Mil (As of Dec. 2023)

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What is Country Garden Services Holdings Co Accounts Payable & Accrued Expense?

Country Garden Services Holdings Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$18,166 Mil) to Jun. 2023 (HK$19,687 Mil) but then declined from Jun. 2023 (HK$19,687 Mil) to Dec. 2023 (HK$18,641 Mil).

Country Garden Services Holdings Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$17,218 Mil) to Dec. 2022 (HK$18,166 Mil) and increased from Dec. 2022 (HK$18,166 Mil) to Dec. 2023 (HK$18,641 Mil).

Country Garden Services Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Country Garden Services Holdings Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Country Garden Services Holdings Co Accounts Payable & Accrued Expense Chart

Country Garden Services Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,998.68

8,822.81

17,217.54

18,165.50

18,640.54

Country Garden Services Holdings Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											17,217.54	18,435.06	18,165.50	19,686.82	18,640.54

Country Garden Services Holdings Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Country Garden Services Holdings Co (HKSE:06098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Services Holdings Co Ltd (HKSE:06098) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CGSHY:USA CTRGF:USA 75H:Germany

Address

West Building of Country Garden Office, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312

Website

http://www.bgyfw.com

Country Garden Services was listed on the Hong Kong Stock Exchange in June 2018 as a spinoff via introduction by sister developer Country Garden Holdings. As of June 2022, Yang Huiyan, chairperson of CGH, was also the largest shareholder of CGS with 43% ownership. CGS was the top residential property management firm in China in revenue and gross floor area under management for 2022. This is mainly ascribed to scalable projects contributed by CGH and rising acquisitions of third-party property management peers. In addition, CGS provides value-added services to developers and homeowners, and city services on public space sanitation and greening.

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